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of <h1>IAF Institutions Granted Tax Exemption Under Section 10(23C)(iv) of Income-tax Act, 1961 Starting Assessment Year 1976-77.</h1> The Central Government, under clause (iv) of sub-section (23C) of section 10 of the Income-tax Act, 1961, notifies the following institutions for tax exemption purposes starting from the assessment year 1976-77: IAF Benevolent Association, Air Force Officers Contributory Education Fund, Air Force Wives Welfare Association, IAF Central Welfare Fund, and Air Force Group Insurance Society.
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